iDoji

REN BTC Daily. Under the Radar Defi....Moving Up?

BINANCE:RENBTC   Ren / Bitcoin
REN Protocol. I hold this coin, it's fundamentally extremely good, I have no doubt this coin will do extremely well. Check out a very good recent piece on REN by 'Selcuk Aslantas' on Medium.

To me, the chart looks good. A break out of the recent downtrend looks underway. Price has broken through the descending dashed line and is now approaching the 180EMA. If we can close above this EMA then I see this as a potentially very good long opportunity. But, waiting for this trade to develop has taken some time!

Note the bounce off the Fibonacci 0.786 retracement.

Neutral for now with a bullish sentiment!! Go REN....

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.